FROM OUR INBOX
Re: Our Newest Readers Weigh In
published reports that the company paid ZERO federal income taxes last year. If that is true, why is it true? That kind of cash could go toward closing the deficit or paying down the national debt. If Bezos is getting away with it, how many others in or near his bracket are also skirting their “share” of the taxes? – Al E. P.J. O’Rourke comment: Al, I don’t have that Obama Administration kind of access to IRS secrets that would let me give you the dirt on Amazon’s tax status. But I can tell you that corporate taxes generate only about 9% of federal revenue. Trying to close the deficit gap with corporate taxes is like trying to close a church door with a chicken feather. I would take an issue with the comment [that folks making under $70,000] only pay 6% of the total taxes. I assume you’re only talking about income tax. What about property taxes, sales taxes, tolls, car taxes, and all those little fees here and there that are distractions from the costs of living people in or below this income level pay? – John C. P.J. O’Rourke comment: John, I would snatch that issue back from you. I was only talking about income tax and also only talking about federal revenue.
Got to admit I thought when I saw it that you were O’Rourke-ing financial shibboleths. I always felt you were warped but fair. I liked that. Looking forward to help in this mess. – Rick J. P.J. O’Rourke comment: That’s us, Rick! Warped but fair. Tipsy but balanced. However, I don’t know how much assistance I personally am going to be with the mess we’re in. About all I can do is figure out a funny way to yell for help. Is it possible to receive the magazine as it is in my Kindle or PDF format? – Mike R. Steven Longenecker comment: Absolutely! We’ve uploaded all our archived issues in a PDF format right here: https:// americanconsequences.com/archive/. It should open great on a Kindle Fire or other tablet. It’s a little rougher (but workable) on a Kindle e-reader. Re: What’s ‘Fair’ About Taxes? April 25, 2018 issue American Weekly Consequences Regarding fairness in taxation, have you read about Jeff Bezos and Amazon? Namely, the
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14 May 2018
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